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. that is what happened in the united states and what is happening in europe and what is happening in asia. i think at one time we could have another bubble and as bubble is going to be bigger from the other. the united states, now the cost of financing their debt is about $50 billion a year. looking at $900 billion in 2020. obviously the problem of that accelerating and putting investors at risk. in dubai we have a big bubble and i think abu dhabi has to put the burden of correcting a miscalculation. >> professor, what do you think is abu dhabi's position. it is not entirely clear whether they will underwrite the whole thing or pick and choose which of the debts they are going to deal with. >> obviously -- they say they cannot -- they probablyavto put first of all a new regulation a new role and they have to tighten the belt. they cannot just bail out and then go into another problem. but so far, the central banker of dubai -- liquidity, but they said they have to pick and choose. they don't have to reschedule all of that but they have to schedule some of that. this is going to be a new equa
and india and the rest of east asia and these companies can be located in the united states, europe, japan. anywhere. you got to look at it company by company to try to latch on to some of this growth we're seeing coming out of asia. >> let me talk about the united states, the market has soared about 60% since march. really which was the bottom, of course. now hitting 13 month highs this week alone. do you think there's still room to go up? if i wanted to enter this market, put new capital to work right now is that worthwhile or have i missed. >> it's >> you haven't missed it at all. what people don't realize is how much the market pell in point terms and between october 9th of 2007 and march 9th of 2009 the s&p 500 fell by 888 points. we still regained less than half of those points lost. so there's still more money on the table than we've gotten back so far. so i know people would have liked to have gotten in hard. even if they didn't there's still opportunity for good gains in stocks in the united states over the next few years. >> what about the large sort of structural issues the u.s.
is to understand the circumstances that are going on right now in terms of the compromise of the united states sovereignty by what's happening to the dollar with deficits budget to be positive so the last third of this book is solutions. what we can do as a subtitle says fighting new world order, surviving the global depression and preserving u.s. sovereignty. so the themes of this book at the last third or to give solutions and call to action for how we can organize our lives, how we can organize politically in order to fight back to say no to a global new deal. now, to get everyone's mind of around the idea of america for sale, i like to start at this way. we currently have page 24 of the book and document we have got about a 65.5 trillion what the t negative net worth. now what that means, that is according to the department treasury's own statistics. once a year the deeper and the treasury does a gap accounting and david walker, who was the head of the government accountability office actually resigned in 2008 it went on the week up to our alarming people, telling people essentially that i
billion or $40 billion of tax revenues and also bring in about $750 billion of cash into the united states. >> how do they do it? >> it's really simple. by what i would call enlightened taxation. right now foreign profits to bring back into the united states have you to pay a 35% tax on it. by implementing a reduced tax, the way it was done in 2004, all that -- all those foreign earnings will come streaming back into the united states. it's estimated to be $750 billion that's outside the united states. corporations don't have to bring it in, but they made -- when they bring it in, it's taxed. by reducing the tax, it encourages those profits to come back, and by doing that, that $750 billion will be spent here in the united states. right now multi-national corporations are cash rich off shore and are cash poor domestically, so when they have to build a research plant, a research facility, where do you think they're building? they build it where the cash is because they can't get it back here into the united states. >> to doubt you bring some of these issues up at the new york fed. you are d
>>> this is "gps" the global public square. welcome to our viewers in the united states and around the world. i'm fareed zakaria coming to you this week from london. we begin the show wan exclusive interview with maziar bahari "the newsweek" reporter who spent four months in an iranian prison. he's written about it in this week's "newsweek." he has a harrowing, moving tale to tell. and then the main event. i'm just back from new deli where i spoke with the prime minister of india manmolian singh. let's get started. everyone has forgotten you, those were words maziar bahari heard every day from interrogators during the four months he spent in solitary confine in the an iranian prison. maziar is my colleague, a fine journalist who works for "newsweek" he's also an award-winning filmmaker. he was arrested along with hundreds of others during the protests that followed iran's disputed election. the end of his ordeal came in october when he was released on bail of $3 billion reales, equal to $300,000 american dollars. he flew back to his home in london just days before his wife paola ga
square. welcome to our viewers in the united states and around the world. i'm fareed zakaria coming to you this week from london. we begin the show with an exclusive interview with maziar bahari, the "newsweek" reporter who spent four months in an iranian prison. he has written about it in this week's "newsweek." he has a harrowing, moving tale to tell. and then the main event. i'm just back from new delhi where i spoke with the prime minister of india manmohan singh. in his only television interview on his trip to washington, d.c. let's get started. -- captions by vitac -- www.vitac.com >>> everyone has forgotten you. those were words maziar bahari heard every day from interrogators during the four months he spent in solitary confinement in an iranian prison. maziar is my colleague, a fine journalist who works for "newsweek." he's also an award-winning filmmaker. he was arrested along with hundreds of others during the protests that followed iran's disputed election. the end of his ordeal came in october when he was released on bail of $3 billion reales, equal to 300,000 american d
effect. a recent study by our national academy of sciences found that here in the united states burning fossil fuels leads to almost 120 billion dollars in health costs a year. most of those costs are premature deaths, and we know that the cost in human lives can be even higher in countries we merging economies that have fewer resources to improve air quality. for all of these reasons, president obama and i understand that we cannot wait any longer to act. president obama has made it clear that he's committed to passing comprehensive energy and climate legislation that will create millions of new jobs and secure clean energy sources that are made in america and work for america. but in the meantime, we're looking for ways that we can start reducing this threat right now. last friday i saw some of you at a white house stakeholder briefing i hosted with lisa jackson, the administrator of our environmental protection agency. at that briefing we talked about many of the steps my department is taking in this area from funding research on the health costs of greenhouse gas emissions to invest
industrial zone between egypt, israel and the united states. it has helped to boost our trade and export to the united states. but in the meantime, we are also working in new channels to support some initiatives between the two countries. and that's what i hope we can conclude in washington on monday. >> and what would you like to hear in order to walk away and feel that that was successful? >> well, we are still waiting to hear from the administration a stronger message about opening up in trade, not just with egypt, also with the rest of the world. i think that is a big question hanging at the moment in terms of the position of the administration, towards liberalization of trade. and i have to admit that this is a worry that we all have in emerging markets at the moment. but i feel confident because of the long history of the relationship between the two countries, that the support for a high level of economic cooperation between egypt and the united states will be materialized during this administration. >> well, it's true, i guess, in the economic slowdown, you know, countries across
? >> it has been across the continental united states, and beyond. the associated press and newspapers in eight different states, big ones, like massachusetts, colorado, michigan, georgia, have all discovered wildly inflated or exaggerated claims. fox news has confirmed that these phantom districts have been included for at least nine other states, including nevada. where stimulus recipients made claims of jobs created on the behalf of the 25th district, even though only three districts exist. gregg: the white house is taking some heat from the democratic party on this. talk about that. >> true, the chairman of the house appropriations committee spoke with fox news moments ago telling us that the publication of false data will lead citizens to doubt the they know what the obama administration is doing. that led to a stinging statement last night, special assistant to the president on stimulus said this morning that -- gregg: james, thank you very much. one industry that is passing a big increase in jobs? solar power. the average solar energy company increased its payroll by 70% from 20
will also talk about the growth of islamic radicalism within the united states. all those topics and your calls, starting tomorrow at 7:00. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2009] . >> here is what is ahead. next, a look at the history of the atomic bomb. then a panel discussion on global security after the fall of the berlin wall. later, a review of the 2008 elections. saturday, a look back at the cuban missile crisis with former kennedy advisers ted sorensen and karaoke secret have war threats been over hyped in the post cold-war world? a university of virginia panel on how the political process has been affected by the internet. and facebook founder chris hughes on how social networking is changing the political process. this holiday weekend on c-span. >> on this vote, the yeahs are 60, the nays are 39. the motion is agreed to. >> with that vote, the senate moves the health care bill to the floor. starting monday and through december, follow the entire debate, and how the bill would affect access to medical care,
of denmark, the president of the united states, and some discussions with the chinese president, we have the capacity to lead an agreement at copenhagen. one which deals with the corps policy challenges for the future. namely, what temperature increase are we prepared to sustain in the future? what targets do we need from the major developed economies around the world? what commitment to action do we needrom the major emerging economies like china and india? how do we found this agreement? what kind of climate change process to put in place? if we can land and an outcome of those areas, we will have made a large step forward. and then translating that into legalese will take longer. >> talking about a long by the agreement is not possible? >> will we are talking about is what i would describe as an operational framework agreement. what president obama said the other day, one which would take immediate effect. there's a separation between what is said in a policy agreement, and the difficulty and complexity of translating that into a 4000 page binding legal document. you cannot get to the
. we want to welcome our viewers in the united states and around the world. i'm wolf blitzer. you're in "the situation room." >>> this week hearings and investigations began into the massacre of 13 soldiers at ft. hood, texas. the number one question, why didn't anyone in charge see it coming? i spoke about that with congressman pete hoekstra, he's the ranking member of the house intelligence committee. congressman, thanks very much for coming in. i know you're getting ready to catch a flight. are you satisfied with the answers you're getting so far from the executive branch of the u.s. government whether the pentagon or the administration, the army, as far as this investigation is concerned? >> no, wolf, i'm really not. and i think i probably share some of the same frustrations that senator lieberman has. i applaud the senate for holding public hearings. i hold them -- i applaud them for doing the hearings. there's no indication at all that that's going to take place on the house side. and i think they really do have to take place. you know, we had a briefing today, but way too o
between the united states and iran over iran's nuclear program. greg palkot has details. is he live in our london bureau tonight. what are the iranians saying about this. >> a top iranian prosecutor, according oour fox news journalist in tehran is saying that investigation is continuing. a conclusion could come soon and that could mean we are told, formal charges of he is subpoena nage, a trial even reportedly the death penalty for these three americans. we are also monitoring late today ahmadinejad at a press conference and he said and i quote "i'm hopeful that the situation will come out happily happily." then he okay nently claimed that u.s.-backed agencies were trying to kip iranian officials. linkage possible, shep. shepard: what's the reaction from the u.s. government and from their families for that matter? >> it's after noon. the white house and state department condemning the actions of iran. we heard from secretary of state clinton in berlin. she said, and i quote "we believe very strongly there is no evidence for any charge whatsoever." as for the families and the friends, they
later, after the pentagon papers, erwin griswold, the solicitor general of the united states, who argued the pentagon papers case on behalf of the nixon administration, wrote a story for "the washington post" saying that in fact there was no national security issues whatsoever, and that he as a lawyer had to use every bit of ingenuity and creativity to even make an arguable case pits if anyone wants to read that, i am sure the attorneys in this room would. "the washington post, irwin griswald. you can check out on nexis lexus. no national security issues of all. >> pennsylvania is an elected state at the federal level, as far as appointments. but every once in awhile, it gets played out as to whether pennsylvania should go to some combination -- excuse me -- appointed intellect. i'm going to ask and academic, john, to talk first about that topic. where do you think it should wind up? should it stay the way it is? judges close to home like county judges, are they electable in the sense that people know that? where is it if you go statewide -- or is it if you go statewide? >> at the local
seized a tank of crude oil from saudi riot -- saudi arabia to the united states. the 28 person crew was off the coast of somalia at the time. we have told you about several hijackings before but this is the second time only that pirates have hijacked an oil tanker. it is not clear how much oil was on board the ship, but it could be worth millions and more importantly it could wreck environmental havoc if the pirates dump it. host: also today, -- bill: also today, we are waiting on news from the white house to help struggling homeowners. this is truly startling news. the government is set to use a shame game to step up pressure on mortgage companies because they are not doing enough to keep homeowners in their homes. the way that i understand it, the new program would be aimed at lenders? >> the banks are going to be publicly blamed. they have taken this bailout money but they are not bailing out homeowners. they are going to appoint officials to oversee the operations of these lenders on a day-to-day basis. plus they will demand a plan from the lenders to speed up help for homeowner
of israelis and palestinians to live in peace and security. it is also in the interest of the united states. it is urgently needed. the president knows that achieving this goal will be difficult, but he also has said that he will not weaver and his persistent pursuit of comprehensive peace in the middle east. for that reason, he has dedicated himself and his administration to the resumption of israeli-palestinian negotiations and to the creation of an atmosphere that maximizes the prospects for success. to be clear, the steps we have suggested to all parties -- israel, the palestinians, and the arab states -- to improve the atmosphere for negotiations are not ends to themselves, and they certainly are not preconditions to negotiations. but they can make a valuable contribution toward achieving our goal of successful negotiations that result in a two-state solution. that's why we've urged the palestinians to expand and improve their security efforts and to take strong and meaningful action on incitement. it's why we have urged the arab states to take steps toward normalization of relations w
privilege to be here on behalf of president obama and the united states of america. >> and the u.s. was represented by secretary of state hillary clinton who after her own speech introduced a video message. >> let me introduce a message from president barack obama. >> today there are still those who live within the walls of tyranny, human beings who are denied the very human rights that we celebrate today. and that is why this day is for them as much as it is for us. it is for those who believe even in the face of cynicism and doubt and oppression, that walls can truly come down. >> the german chancellor angela merkel gave personal memories from 20 years ago. as a german she crossed the border in 1989. >> for me it was one of the most joyful days of my life. and ladies and gentlemen, it was a pivotal time of change. that's something that we know today, that brought closer together germany, europe, and indeed the whole world. [cheers] >> then alona stretch where the walls had once stood, a line of dominoes symbolized how that barrier had crumbled. former solidarity leader lech wal
and the united states, and said we will manage the problem in this way, we are in a position where the rest of the world will follow. >> it is notorious for its choking pollution. it resents being criticized. it does make many of the things that we purchase. it is also emerging as a leader in green technology with a boom and solar panel production. it may be the first sign that china could join the international effort to tackle global warming. >> there was uproar in the indian parliament over reports that indicated senior leaders in the demolition of a mosque 17 years ago. the mosque was destroyed by a mob, triggering riots across the country between hindus and muslims. that led to the deaths of more an two dozen people. -- of more than 2,000 people. leaders in the form of prime minister -- leaders and the former prime minister were implicated. >> the may exchange palestinian detainees for the captive israeli soldier. a hamas delegation when to discuss a plan mediated by egypt in germany. the philippines president declared a state of emergency in the southern half of the country. there was
of the reasons that have been worried is the united states's focus on pakistan and the anti-terrorist strategy. they could say it was in the interest to focus on pakistan. >> shore. if you think of the region, as it was until recently, including islamabad, this is part of a spectrum. how much will to separate this, i'd think it is better to focus on the way it on how to bring india in and bring more cooperation begun to stabilize the whole region together. the net think the discussions and the two sides will have an understanding of how to proceed. >> just to look at money in business, with this relationship, a lot of it has to do with profit and economics. the nuclear deal to do a great deal to create jobs on both sides. >> absolutely. i think that once that is done reactors will be sold, but also, they will make the pitch for liberalizing the technology. i think once we open the door as well, there will be huge advances in trade, which has been growing quite fast and is quite balanced unlike in the case of india and china. the trade is more balanced. there is a big move to come into the unit
to the supreme united statee court in 2005. the state used the public use argument under the fifth amendment. you may think how like people forced to sell their homes to a private drug company in any way public use? well, it's a good question. here is their explanation. if an economic project creates new jobs, creating tax revenues an revitalizes depressed tax urban areas, then that project qualifies as public use. that didn't make sense to me. then and it doesn't make sense now. the court went along, 5-4 count. how is the economic growth in new london. you want to see the new plan? this is a progressive idea in action. this is it, baby. well, that is where it like have been, but they mowed suzette's house down and now it is just an empty parking lot, because, yeah, pfizer decided not to build the building, so all those people in new london forced to sell their homes for the greater good got this. not a revitalization, you know, project, and i'm not a revitalization expert, but that doesn't look like an upgrade from suzette's home. maybe it's just me. this court decision basically rendered the te
, you can call us and here in the united states at one 877-742-5751, just say hey rick and then your spiel. >>> hey rick, in reference to the afghanistan war, the reason i'm against it is because of one word, terrain, terrain, our boys are not trained to in that terrain. i suggest we bring them out of there and use the big bombs, the big bombs that penetrate the earth and flatten the tunnels, flatten the mountains where the tunnels are on the border. (announcer) we understand. you want time to enjoy the holidays. >>> it's great that the commander in chief is sending over the troops, but he's also sending over beans, bullets and band-aids so i'm concerned about what the morale is there on the actual ground. i'm not too concerned about what the officers think, but what the actual troops, your lance corporals, your corporals, the sergeants and the people who are actually fighting the war and who are actually being shot at. >>> this information we have been sharing with you is getting a lot of heat and a lot of reaction all over the country. this is just during the break, a sampling of s
and tax. will they sign away american sovereignty. >> who is the vice president of the united states. >> that one dude. >> arnold schwarzenegger? >> sean: it looks like president obama is hiding joe biden a little too well. all of that plus dana perino, frank luntz and our great, great american panel. hannity starts right now. [captioning made possible by fox news channel] sean: this is a fox news alert. the execution of the man known ant d.c. sniper john alan muhammad is scheduled to take place at this very moment in the commonwealth of virginia. muhammad was sentenced to death for the murder of dean harold myers who was one of the victims of the shooting spree that paralyzed washington, d.c. and the area back in 2002. we're going to update you as soon as we can confirm that the execution has, indeed, taken place. but tonight new evidence is emerging about the serious warning signs that could have possibly helped prevent the for the hood massacre. the houston chronicle is reporting that the gunman major nidal malik hasan was the subject of a joint fbi-army probe last year. the inves
that india's partnership with the united states is going to play an influential role in the 21st century. the two leaders discussed several pressing issues, including nuclear deals, climate change as well as the economy. >> mr. president, i bring to you and the people of the united states of america the friendly greetings of over 1 billion people of india. >> as leading economies, the united states and india can strengthen the global economic recovery, promote trade that creates jobs for both our people and pursue growth that is balanced and sustained. as nuclear powers, we can be full partners in preventing the spread of the world's most deadly weapons, securing loose nuclear materials from terrorists and pursuing our shared vision of a world without nuclear weapons. >> in less than three hours, the president and the first lady will host a state dinner for prime minister singh at the white house. now it's the obamas' first state dinner, and the question, of course, why was india's leader chosen for such an historic honor. our senior foreign affairs correspondent jill dougherty explains.
about his new autobiography, and his 20 years in the united states senate. this is live on c-span every day, at 7:00 eastern. the center for american progress will have a forum on the u.s. education system tomorrow morning, including remarks by the education secretary, arnie duncan, and new york mayor michael blumberg. this is 8:00 eastern. >> the yeas are 60, the nays are 39. the motion is agreed upon. >> with that, the senate is moving the health care bill to the floor. starting on monday and through december, follow every minute of debate, and see how this would affect access to health care, abortion, and medicare, on the only network that gives you the senate, -- 2-gavel, c-span2. >> -- gavel to gavel, c-span2. >> the president and his wife hosted the indian prime minister. we have our coverage behind the scenes. >> this is the first state dinner of the obama administration, and the third for thindia in one decade. these are being held behind me and we are joined by nia-maleka henderson. who are some of the notable people tonight? >> oprah winfrey was not here tonight, but her best
miss on the bottom. ten cents versus 13 cents. ceo citing weakness in the united states. comp store sales down 8%. this stock has underperformed the broader market since the march low. finally, a little more detail on intuit. similar story than foot locker. beat estimate on the top line, missed on the bottom. operating margin, 6% below expectations. lowered next your's guidance but did it for full year. stock is down 4% the last three months. mark, back to you. >> thank you, sir. >>> bond yields back in pre-crisis levels, a sign that things are getting worse again or just investors settling up before year's end. kevin, head of fixed income sales trading and research with morgan keegan. kevin, don't tell me this is a reflection of things getting worse again. >> no, not really. i think there are two forces at work, mark. there's the fear, the fear of the recovery or a lack thereof, the fear of risk assets and fear of liquidity as we approach the end of the year. the other is greed. you've got hedge fund managers, you've got corporations, you've got broker dealers, all of that great ye
. those are things that are are unpopular. and he's a president of the united states being told by the military, mr. president, we can't defend those outposts and we need more people to do a countersurge insurgency. and i guess it these are correct and they puts 43,000 troops in, imagine the progressiveness, with the troops, if you don't advance health care. i think he'll find 10,000 and train the army because he's politically unsustainable with his base, if he puts in 43,000 troops and prosecutes afghanistan during a water with afghanistan as president, i think he'll have a democrat primary and that we'll have a substantial split mountain democrat party, if that's what he does. and i would argue this -- for our party, and the tensions between our kind of economic votes and our religious conservatives, the fact that the energy in republican party is about spending and deficit, if we're so inept we can't take these people and make them part of a new coalition, they we oughting to nothinged. the -- this are 24% of the people in this country who say they would likely vote for a thi
, christine, thanks. >>> looks like a bit of a bounceback from friday selloff here in the united states. here's where the futures stand right now. you do have the dow jones futures a little bit above fair value and the s&p, as well. looks like the nasdaq could open with modest losses. several hours before we do begin trading. busy week of course, we do have retail sales from this past holiday weekend to keep a close eye on cyber monday. a lot of online shopping to be done today. and we look forward to the confirmation hearings beginning this thursday for the fed chairman ben bernanke and also that jobs report, that key one coming, of course, on friday. let's take a look meantime at where the bund yield sits right now as we take a look at the ten-year bund yield edging up a touch here and then the ten-year treasury in the united states edging up, as well. most of the focus has been on the shorter end of the curve as the two-year treasury yield hit its lowest level this year. take a look at gold, as well, certainly a lot of focus there, the dollar edging weaker today and gold down a touch $5 or
measure before the united states senate in which no member on this side of the aisle has been consulted in any way -- i would point out to my colleagues historically there has never been a major reform implemented by the congress of the united states unless it's by a -- unless it's bipartisan in nature and i don't believe that the american people want this 2,000-and-some-page monstrosity, which is full of -- which is full of all kinds of provisions that they are either unaware of or even in the study of this legislation many of us have also become unaware of. but fundamentally the bernie madoff accounting, the enron accounting that's been going on with this bill is dependent on envisioning a half a traldz in cuts -- half a trillion dollars in cuts are not attainable. if they are attainable, it would mean a curtailment or reduction in what we promised the senior citizens of this country. it's not acceptable. so what this -- what this -- this motion to commit does, it sends it back to the finance committee. come back with another bill. only this time don't put the cost of it on the backs
in the world. they used to be the united states united states lost that in the financial crisis. last year, china sold 9.5 million vehicles. already this year, 11 million. if it is likely to reach 30 million by the end of the year. the auto show is currently going on in china. car sales are booming, not to sign the big centers, but right around the country. arafat's that stimulus measures will be pulled away -- there are some thoughts that a stimulus asures will be pulled away. >> coming up -- israeli soldiers refused to clear settlers from the west bank. two 0.5 million muslims descend on mecca despite swine flu fears. a sudanese woman who was sentenced to 40 lashes for wearing trousers is in paris to promote her book about the controversy. her sentence was commuted to 1 months in prison, but she was banned from leaving the country, a restriction that she is now openly defying. >> on tour to promote her new book caught. she left secretly to come to paris. the book is called "40 lashes for a pair of trousers." it will not be on sale in sudan. this is why. in july, she was arrested along wi
is promoting her political memoir. it is generating huge interest in the united states and our special correspondent is in washington for us. >> they could be another launchpad. it is already a best seller but are we witnessing a start of a dry run for 2012, a run for the white house? it could be an attempt to bring back sarah palin maniac. -- sarah palin mania. everybody wanted to know every single detail about. the power of the sarah palin phenomenon. >> i will be honored to accept your nomination for vice president of the united states. [applause] they say the difference between a hockey mother and a pit bull -- lipstick. >> how are you? >> so good, so good to hear you, and thank you for calling us. >> it is a pleasure. >> can't predict what the next fish run is going to look like so i cannot predict what is going to happen in the next couple of years. i will be in charge of the turkeys. >> is she really seen as a credible candidate for the white house? there is a new poll out. >> if you look at the latest poll, they found that 53% said they would not consider voting for sarah palin
bomb. it is thought the announcement is aimed into pressuring the united states into direct talks. fiji ordered the convoys of the zealand and australia to leave within 24 hours. the country's military leader has accused the two countries of interfering in their internal affairs. also at this hour, americans go to the polls and a number of states. they will choose members of congress in new york and california, governors in new jersey and virginia, and mares and several major cities. also votes on whether to allow gay marriage in maine and the casinos in ohio. by enlarging it is a pall on local issues and personalities but the results will have implications on how democrats and republicans behave in the year ahead. the hottest contest is in new jersey where the incumbent governor, democrat john corzine, is fighting to avoid defeat by republican chris christie. polls predict a race too close to call despite several campaign appearances by president obama. >> of your voice will get john corzine four more years as governor of new jersey -- and he and i will partner with you. >> mr. obama a
's. >>> the day at the data states voiced its concern -- the day after the united states voiced its concern about israel bulldozing homes, washington had sharply rebuked israel for plans for 900 new homes in the largely arab region. according to president obama, it could lead to a very dangerous situation. it >> 30,000 people already live here. israel is building new homes and says it will continue to do so. they see it as part of their capital, jerusalem. this is east jerusalem, part of land that israel captured in a war more than 40 years ago under international law. they're not supposed to build on occupied land. as long as it does, say palestinians, they will not restart the stalled peace talks. the palestinian prime minister voiced frustration with the stalled peace process and the is -- and the israeli expansion of settlements. >> it is a question of settlement policy. there is no such thing. there is no such thing when it comes to settlement activity. it either its stops completely or does not stop. >> not israel's building plans have provoked anger and concern across the international com
about right now. >> the alleged mastermind of the 9/11 attacks on the united states and four other detainees are to go on trial in new york. algerian football players were injured, saying their bus was attacked as they arrived in cairo for a world cup qualifier. the alliance between the united states and japan is everything, words from president obama as he tries to sue the strained relations between the two countries. japan's new government makes it less dependent on the u.s. >> it is mr. obama's first trip to japan as president, and the message he is bringing with a vowel is that america is back and ready to [unintelligible] japanese prime minister was also elected, promising change, but what he wants is a more equal relationship with the u.s., something president obama was keen to reassure him of it. america has been behind japan's rise since the end of world war two, providing its defense in exchange for a strategic launch pad in the heart of asia. that relationship is being strained by a growing resentment over the continuing u.s. presence. u.s. power here is slipping. >> sinc
the united states to except its demands for direct talks on the regime's nuclear program. it has warned that peon gain will go its own way unless washington agrees. the foreign ministry did not elaborate. the statement was carried by state media, which appeared to be a threat to enlarge its nuclear arsenal. 16 people have been killed in a fire in the central philippines. eyewitnesses say the fire started in the early hours of the morning in a two-story boarding house, and then spread to a sandy area nearby. police and fire may have been caused by a candle. let's turn to business now. you have 25 minutes coming up. a loan provider, cit in america, has gone bust. >> is one of the largest bankruptcy in u.s. corporate history. yesterday they filed for chapter 11 bankruptcy protection. they have about 1 million customers. they long to small and medium- sized businesses. we will see a big impact on the financial markets off the back of this bankruptcy. the financial crisis has been unable to fund itself. one of the big losers will turn out to be the u.s. government. the u.s. government provid
't grieve for us. >> rorter: all who died here were then eulogized by the president of the united states. >> their memory will be honored in the places they lived and by the people they touched. their life's work is our security, and the freedom that we all too often take for granted. >> reporter: president obama told a story about each of the fallen. >> specialist jason hunt -- >> reporter: many from small towns across the country, and he addressed the particular shock by the way they all died. >> they were killed here on american soil in the heart of this great state and the heart of this great american community. this is the fact that makes the tragedy even more painful, even more incomprehensible. >> reporter: when the speeches were done, it was time for another tradition, reverberating across the parade ground. ♪ amazing grace >> reporter: and then the families stepped forward to pay their respects, sons and daughters, husbands and wives and parents, facing the enormity of their loss. and a theme repeated over and over today is that most who died were members of this nation's all-
to get electricity available throughout the massive grid of the united states and the world? >> well, he got a young boy from england. >> what was his name. >> samuel insul. nobody has heard of him. mae chicago, he got off the boat having been sea sick and was immediately set to work to find money to build the general electricity manufacturing company. he founded 10 years later in chicago with a tiny, tiny power station, you know what he dos? he build it to be a huge power station then he says how am i going to sell the electricity. easy give it away. so he gives away most of the electricity except at peak times for the street car he charge as lot. he introduces cheap electricity so far 60 years, electricity prices fall until he came along, edison's electricity was only for the rich. for restaurants, hotels and people like j.p.morgue arch so samuel. here is the tragedy. having done all that in the great depression he pace for the fire brigade, he pace for the police forces in chicago, but he gets framed by wall street and the media and he has to flee the country. when he comes back he st
. at the conclusion of this soundbite, you will hear for the first time the president of the united states warning of a double-dip recession in the united states. listen. >> there may be some tax provisions that can encourage businesses to hire sooner rather than sitting on the sidelines so we're taking a look at those. i think it is important, though, to recognize that if we keep on adding to the debt even in the midst of this recovery, that at some point people could lose confidence in the u.s. economy in a way that could actually lead to a double-dip recession. brian: i think it also shows his impatience with the fact that the hiring is not coming back as quick. the unemployment number is higher than anyone projected. and on top of that he's saying, look, i see the polls, i see what happened two weeks ago. america is concerned about our national credit card. member deficits don't matter. clearly it does matter. gretchen: in both virginia and new jersey both of those states went to republican governors. the number one concern from voters at the exit polls was the economy by a huge margin so a lo
, with softer economic growth in the united states compared to elsewhere on the sidelines, you probably do continue that trend. ultimately, i like diversification when things are driven differently. right now, we're not getting that. chris and beth ann, thank you so much. >> but at 666 on the s&p -- >> it was -- >> -- calling another big down leg. >> the economists for the year -- >> they're not stock market. >> but they had the growth numbers that are out there. >> i don't think they do, either. if you look at the growth estimates of gdp for the next six months, it has nothing to do with stock prices for the nkts six months. >> but wait a second. if i tell you six months from now, and let's say that you agreed with my forecast, that growth is going to be minus 6%, would that not affect your willingness to buy stocks six months out? >> yes, it would. but psychologically -- >> and i'm telling you that six months ago, the forecast was for plus 3% for the second half of the year and that was something that -- >> why did they turn bearish up 20%? >> who turned bearish? >> all they economists,
are very good at having criminal trials in the united states. this is something we do very well. they are fair. they're respected. and if appropriate, people get the death penalty. it seems to me that a trial where he spends a day on the witness stand saying whatever it is he wants to say is a small price to pay for a legitimate, honest, fair, internationally recognized trial. >> they talk about how fair the trial is and how political it's become. joe, the debate that we're hearing these days is it really about the justice system in this country and proving that it works well, also justice for the victims of 9/11, or as this become, especially in washington, more of another political football? >> you know, this has been a political football for a long time. it goes all the way back to george w. bush when he signed the original order creating the commission. people ask, well, what are we going to call these people? accused criminals? are we going to call them combatants? do we think they committed crimes? do we think they committed acts of war? or both? and what the administratio
state dinner for the president. something they were she lighting as this relationship between the united states and india on a host of global issues, how critical this is, but the follow-up stories obviously after this was very little about the event itself and so much about this incident, and then, of course, the investigation and the big questions as to how this could happen and certainly this concern as well here at white house. i mean, this is a president -- all presidents obviously are targets. they are dangerous situations which have to be defused all the time, but in this particular case there are threats against this president. there's been a lot of concern about that, and so this just shows as one representative already talking about, here is someone who is a possible target by extremists and yet someone like this was able to slip into the white house, and so a lot of concerns here and certainly a distraction, something that they did not welcome at all. >> james, i assume that this really goes both ways. it's not just the obama administration. when i was covering president bush
a couple of ways in which antagonism toward the united states an incentive to conduct anti-u.s. violence has been exacerbated. it is not a switch that lips were after one troupe or 70,000 troops, what was not an occupation becomes an occupation. it is a matter of degrees. the more of a war is seen to be americanized, the more we will furnish the issue of anti- occupation. it brings into the fight many people who have no sympathy for the objectives of the taliban, but they become enemies of hours. -- enemies of ours. there is also the collateral damage and casualties that we have read all too often about, which are an inevitable byproduct of even the most carefully planned and skillfully executed counter terrorist operation. these things are important not because we are running a popularity contest, but because the anti-american sentiments that they generate and encourage mean that many more supporters for anti-u.s. terrorism and that many more people who are likely recruits. we hear a lot about pakistan as well. the main point about pakistan is, what happens in pakistan will depend on fo
those children. now, the united states does take this issue very seriously, but relatively few resources are directed towards the domestic side of the issue. almost all of the money that is -- and it's a huge amount of money. almost all of the money that the united states invests in human trafficking is invested in the global issue. and that's based on the theory that the united states was only a source of -- or was only a destination location for human trafficking, but it looks like we're actually funding a lot of our own destination, we're a source society as well -- >> of victims. we're a source of the victims, of these child victims. and you know, to you, eleanor dixon. let's unleash lawyers. with me eleanor odom, peter odom, anne bremner. eleanor and peter out of the atlanta jurisdiction. anne bremner high-profile lawyer out of seattle. eleanor, here's the kicker. people think all this money is traded for child prostitutes, for a 5-year-old girl. this mother probably sold her own girl for a hit of crack. come on. >> exactly right, nancy. especially looking at someone with a drug pro
because he was disappointed that the united states was favoring israel over jewish stlements in the west bank. let's go live to ramallah now and join our middle east correspondent. jeremy, the israelis are obviously privately, if they aren't being so public about it, keep for mr. an toose stay. do you think there's a negotiation that could be had here? >> well, i think that what would take for him to stay, there needs to be a big shift in the political landscape. he's made very clear that he won't talk until israel has -- he won't talk to zarls until the israelis agree to a freeze on the construction of buildings for jews in the occupied palestinian territories, a breach of international law. now, he wants that. the israelis haven't granted that despite many requests from the americans. so question, will they do that to try to save the president's job? you know, i wonder. i doubt it, quite frankly. what can the americans offer? perhaps they could offer a conception of what a state would look like. and if that conception was quite like that of president abbas, then maybe he might stay in
fans different from your fans here in the united states? >> oh, we have wonderful fans in the united states. but we do have great, great fans in europe when we get a chance to go there, especially london we love to play. we had actually been on a five-week tour and just -- we were winding up our tour in london at the '02 arena and thought we're going to film this because this has been a wonderful trip. maybe we'll come back and put it together. we had such a great time, such a wonderful audience. all the songs, of course, that they love and all the popular songs. then we do a lot of variety of other things. we do some interviews, talk to the band, show the rehearsal, show the town. this dvd is a wonderful thing to watch. it's colorful and entertaining, but you can see for yourself on the dvd how involved the audience really gets. they knew all the words and they were swinging their arms back and forth on all the songs, singing along. so it made for a wonderful experience for all of us, and i'm very proud of the dvd and cd. it's all in one package. i have it right here. i'm hawking my
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